JP Morgan forecasts power equipment upcycle
JP Morgan analysts project a multi-year growth phase for GE Vernova and Hitachi Energy, driven by data centres and HVDC expansion.
JP Morgan analysts project a multi-year growth phase for GE Vernova and Hitachi Energy, driven by data centres and HVDC expansion.
Hitachi Energy has been contracted to deliver the Yanbu-NIC link, a massive 9 GW HVDC interconnection essential for the electrification of Saudi Arabia’s NEOM region.
Hitachi Energy marks a global milestone with the deployment of its EconiQ technology at the 550 kV level, eliminating SF6 across the entire switchgear installation.
Market analysts forecast a 6.5% CAGR as Tier-1 OEMs like Hitachi Energy and Siemens Energy consolidate 55% of global revenue.
A new Power Electronics Centre in Cary will bring engineering, testing, and system integration on-site to support major energy projects across North America.
The main building has been completed for new 400 kV substation in Kent.
EconiQ LTA 145 kV and 72.5 kV units have been deployed to replace SF₆ insulation while maintaining grid performance.
National Grid and SSEN Transmission appoint Hitachi Energy and NKT for 690 km, 2 GW Eastern Green Link 3.
Partnership with Pakal integrates IGTO(t) silicon switch into ≥3.3 kV modules for rail, renewables, storage and data centres.
HVDC transmission project will link Rajasthan and Uttar Pradesh.
EconiQ® 550 kV gas-insulated switchgear has been completed for State Grid China, advancing high-voltage networks toward low-carbon operation.
Pattern Energy says construction is gaining pace on the 3.5 GW wind and transmission scheme, with full operations planned for 2026.
Several international power sector companies, including Germany’s Siemens Energy and Japan’s Hitachi Energy, Toshiba Power Systems and Mitsubishi Electric Corporation, have been awarded operation and maintenance contracts for high-voltage substations in Kuwait.
The US Department of Energy will provide up to $800 million to support small modular reactor projects by TVA and Holtec, aiming for deployment in the early 2030s.
Adani subsidiary assumes rights and obligations for Rajasthan transmission project.
Hitachi Energy acquires a minority stake in Shermco and invests $1 B globally to expand its Service business and support grid reliability.
The new power system aims to improve efficiency and sustainability of AI infrastructure.
The project strengthens four-province AC backbone to boost power transfers and grid resilience across Central China.
New centre will create 90 jobs and support critical UK grid upgrades as part of Scotland’s growing clean energy sector.
Hitachi Energy and Meralco team up to deliver the country’s first digital substation, paving the way for a smarter and more reliable grid.
Static frequency converters will cut Lithuania’s rail grid connections from 14 to 7, lowering costs and emissions across the 377 km corridor.
National Grid and Hitachi Energy deploy GARIP Eco bushings at Bengeworth Road, enabling a future-ready, low-carbon grid for South London.
New Karlskrona facility will become one of the world’s largest cable-testing centres, enabling AC and DC system validation for future grid needs.
Hitachi Energy has been named preferred bidder for the converter stations on the UK’s biggest subsea electricity link between Scotland and England.